The law was developed within implementation of tasks, determined in Concept on further deepening democratic reforms and forming civil society in Uzbekistan, adopted by both chambers of Oliy Majlis in November 2010.

At the session, it was underlined that main regulations of the law are directed at further expanding participation of legal entities and population in investment processes, creating additional stimulus and conditions to investments and modernization, technical and technological re-equipment.

Senators said that adoption of the law will help to further improving investment climate in the country, protection of rights and interests of investors, realizing state policy in investment activities, as well as stimulating private investments.